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Saradha chit fund scam: West Bengal, Northeast hot-bed of investment frauds; NRIs major target

-PTI Amid a Raging controversy over alleged cheating of gullible investors by Saradha group, the regulators have found that West Bengal and North-Eastern states have become a hot-bed of such frauds and NRIs from these regions account for a large chunk of defrauded people. While the Centre has announced an SFIO ( Serious Fraud Investigation Office) probe into the affairs of Kolkata-based Saradha group and other such entities across the country,...

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Chit-fund scam: Saradha agents lay siege to Mamata house -Saibal Sen & Caesar Mandal

-The Times of India KOLKATA: Bengal is sitting on a powder keg. And the fuse could well have been lit on Friday as a 33-year-old agent of Saradha Group, a chit fund company that has gone bust, committed suicide being unable to pay his depositors while over 3,000 agents laid siege to chief minister Mamata Banerjee's residence in protest against the lockdown. The turn of events has triggered fears of a repeat...

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"A love affair is the reason for denial of work to Dalits"-R Arivanantham

-The Hindu KRISHNAGIRI: Over 300 Dalit families of Deveerahalli Village, of Kudimenahalli Panchayat, in Krishnagiri district allege that they are being denied work by intermediate castes of the village and of six other nearby villages. The reason behind this, they say, is that a Dalit youth in their area had fallen in love with a girl of an intermediate caste from Sathinayakkanpatti under Damodarahalli Panchayat. The girl is back with her parents...

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Delhi HC against self-regulation by electronic media industry -Satya Prakash

-The Hindustan Times Amid Raging controversy over regulation of electronic media in India, the Delhi High Court on Tuesday recommended to the government to establish a statutory body to regulate the broadcast media, saying state intervention was necessary. "Absence of state intervention on its own is no guarantee of a rich media environment. On the contrary: to promote a media environment characterized by pluralism and diversity, State intervention is necessary," a bench...

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Government eases curbs on sugar sector- Ragini Verma

-Live Mint CCEA clears recommendations on sugar sector made by Rangarajan panel; subsidy burden to rise Pushing ahead with long-pending reforms of the sugar industry, the cabinet on Thursday approved the dismantling of rules requiring sugar mills to sell the sweetener at below-market prices through the public distribution system (PDS) and abolished curbs on open market sale. The cabinet committee on economic affairs cleared the recommendations made by a panel headed by C....

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